CryptoNeutralcrypto.news · 4h ago6/10
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Ethereum open interest jumps 11.6% as leverage piles into ETH
Ethereum's derivatives open interest surged 11.59% to $34.165 billion in 24 hours, driven by traders leveraging long positions across major exchanges including Binance, Gate, Bybit, and OKX. This rapid accumulation of leveraged positions signals renewed bullish sentiment but raises concerns about potential liquidation cascades if ETH price reverses.
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